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Question 15 1 pts Suppose that you have inherited an annuity that will pay $165 each of the next 360 months. Assuming that the
Question 15 1 pts Suppose that you have inherited an annuity that will pay $165 each of the next 360 months. Assuming that the annual cost of capital is 11% APR compounded monthly, what is the value of this annuity today? Round your final answer to two decimals. Question 16 1 pts Suppose that you have inherited a perpetuity that will pay $1,193 one year from now, each of the following annual payments will be 3% larger than the prior payment. Assuming that the annual opportunity cost of capital is 5%, what is the value of this perpetuity today? Round your final answer to two decimals
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